WASHINGTON, November 11, 2014—The World Bank’s Board of Executive Directors today approved a US$20 million International Development Association (IDA) grant to help generate investment in large-scale sustainable...

WASHINGTON, July 7, 2014 - The World Bank Group committed a record-breaking *$15.3 billion to Sub Saharan Africa’s development in fiscal year 2014 (July 2013 to June 2014) supporting shared prosperity...

WASHINGTON, October 3, 2013 – Sub Saharan Africa’s tourism industry is set to spur more economic growth for the continent and directly employ 6.7 million people by 2021, according to a new World Bank report...

WASHINGTON, July 25, 2013 - The World Bank Group committed a record US$14.7 billion in fiscal year 2013 (July 2012 to June 2013) to support economic growth and better development prospects in Africa despite...

WASHINGTON, July 23, 2013 – The World Bank Group today launched a new Country Partnership Strategy (CPS) for Namibia that will guide the group’s intended support to Namibia in the four-year period ending...

NAIROBI, June 26, 2013 - The latest World Bank review of policies and institutions in Sub-Saharan Africa shows an overall stable environment for growth and poverty reduction despite divergence across countries....

WASHINGTON, March 8, 2013 – Despite the steady economic growth in many African countries over the last few years, gains have not always translated into greater gender equality or poverty reduction, the...

WASHINGTON, March 4, 2013 - Africa’s farmers and agribusinesses could create a trillion-dollar food market by 2030 if they can expand their access to more capital, electricity, better technology and irrigated...

New report finds that improvements in border administration and transport & telecommunications infrastructure and services could result in an up to 4.7% increase in global GDP, far outweighing potential...

WASHINGTON, November 29, 2012 – The world cannot afford for high and volatile food prices to be the “new normal,” while millions of people continue to suffer from hunger and to die from malnutrition, the...

New Studies Show Potential Impact of Programs for Sex Workers, People Who Inject Drugs, and Men Who Have Sex with Men WASHINGTON, November 28, 2012 – As the world prepares to commemorate World AIDS Day...

Financial disclosure is a powerful anti-corruption tool WASHINGTON, November 8, 2012– Financial disclosure laws requiring public officials to file a statement of their assets, liabilities and interests...

WASHINGTON, November 2, 2012 – The World Bank’s Board of Executive Directors has endorsed a move that will make the Bank’s original financing instrument more effective and clear for governments, staff,...

Washington, D.C., October 23, 2012—Local entrepreneurs in developing countries are finding it easier to do business than at any time in the last 10 years, highlighting the significant progress that has...